In Brief: VidaMed
This article was originally published in The Gray Sheet
Executive Summary
VidaMed: Board of directors seeking replacement for Stuart Edwards, current CEO, president and founder of the Menlo Park, California-based firm. A committee including three top-level VidaMed execs -- Chairman David Douglass and board members Pierre Lamond and Lawrence Mohr -- is conducting a search for a successor to Edwards, who will remain a member of the firm's board of directors. VidaMed says it is making the change in preparation for premarket approval of its TUNA transurethral needle ablation radiofrequency system for treatment of benign prostatic hyperplasia, which the firm expects to receive in 1996...